IndianOil SGD bonds in IFR Asia’s 2012 Roll of Honour
New Delhi   18-Dec-2012

International Financing Review Asia (IFR Asia), one of the most coveted capital markets agencies in Asia, has awarded the Indian Capital Market Deal of the Year 2012 to IndianOil’s recently issued Singapore Dollars (SGD) denominated long-term bonds and have included the deal in its Roll of Honour for 2012.

IndianOil, the largest commercial enterprise of India, became the first Indian corporate to price long-term SGD bonds of 400 million for 10 years in Oct 2012. This bond issue had set many benchmarks, eg the first SGD-denominated bond issuance by any Indian corporate, the largest SGD offering by any foreign corporate issuer in 2012, the largest ever SGD issuance if an Indian entity and the longest tenor senior note in the SGD market by a foreign issuer in 2012.